Tag: Vela Gamma Consumer Spend

Apr 16, 2025 | 5 minutes read | All Posts

Sales continue to grow in 2025 headed into a potential Shein IPO according to Earnest credit card transaction data. Sales accelerated at the Chinese ...

Apr 15, 2025 | 5 minutes read | All Posts

Consumer spending at Clothing and Accessories establishments fell 3.9% YoY between January 1 and March 23, 2025, according to Earnest debit and credi...

Apr 9, 2025 | 5 minutes read | All Posts

Consumers spent 3.6% more on General Merchandise in 2024 vs 2023 according to Earnest transaction data. This represents a moderate acceleration from ...

Apr 8, 2025 | 5 minutes read | All Posts

Food Service & Drinking Places spending grew 0.5% YoY between January 1 and March 23, 2025, according to Earnest debit and credit card data. That mea...

Apr 7, 2025 | 5 minutes read | All Posts

March 2025 US consumer spending was essentially flat YoY according to the Earnest Analytics Spend Index powered by Vela Gamma transaction data. This ...

Apr 2, 2025 | 5 minutes read | All Posts

Temu’s meteoric rise shortly after entering the US market in September 2022 generated numerous alarming headlines. They suggested the US retail lan...

alejandra

Apr 1, 2025 | 5 minutes read | All Posts

New York City’s congestion pricing program began January 5, 2025. The increase immediately drove an increase in EZ-Pass sales (see data in Dash). S...

alejandra

Mar 31, 2025 | 5 minutes read | All Posts

Retail Trade and Food Services spending grew 0.6% YoY during the year-to-date period from January 1 to March 23, 2025, according to Earnest debit and...

alejandra

Mar 24, 2025 | 5 minutes read | All Posts

Weakening spending was broad-based in the first few months of 2025. However, spending at Walmart, Dollar General, Dollar Tree, and Costco outgrew the...

Mar 10, 2025 | 5 minutes read | All Posts

Shein’s US sales growth decelerated from 22.0% YoY to 9.6% YoY between the weeks ended February 1st and February 15th according to Earnest debit an...

alejandra

Mar 4, 2025 | 5 minutes read | All Posts

February 2025 US consumer spending fell 3.4% YoY according to the Earnest Analytics Spend Index powered by Vela Gamma transaction data. Part of the w...

Feb 26, 2025 | 5 minutes read | All Posts

The QSR category faced mixed results in 2024 as brands relied on value deals to counter declining sales. Meanwhile, Casual Dining gained traction, wi...

alejandra

Feb 19, 2025 | 5 minutes read | All Posts

By the end of 2024, DoorDash led the national food delivery market with a 60.7% share, ahead of Uber Eats (26.1%) and Grubhub (6.3%)....

Feb 11, 2025 | 5 minutes read | All Posts

Overall, QSR (aka Fast Food) outgrew other restaurant categories in 2024. Noticeably absent are fast food stalwarts McDonald’s (MCD), Chick-fil-A, ...

alejandra

Feb 10, 2025 | 5 minutes read | All Posts

1-800-Flowers is the largest flower service by sales headed into Valentine’s Day 2025, according to Earnest credit card data. However, the industry...

alejandra

Feb 10, 2025 | 5 minutes read | All Posts

Access chart in Dash....

Feb 6, 2025 | 5 minutes read | All Posts

Restaurant sales growth slowed significantly in 2024, falling from 5.3% in 2023 to only 1.8%, according to Earnest credit card data. This deceleratio...

Feb 4, 2025 | 5 minutes read | All Posts

Super Bowl LIX 2025 will highlight several emerging US restaurant trends and brands according to Earnest credit card data. Among them, DoorDash conti...

Jan 28, 2025 | 5 minutes read | All Posts

Restaurant sales decelerated from +5.3% YoY in 2023 to +1.8% YoY in 2024 according to Earnest credit card data. Rising costs, new wage laws, and a ge...

alejandra

Jan 8, 2025 | 5 minutes read | All Posts

Access chart in Dash....

Jan 7, 2025 | 5 minutes read | All Posts

In the month since ChatGPT added its newest paid tier, the service has taken off with users according to Earnest Vela Gamma transaction data. ChatGP...

Jan 6, 2025 | 5 minutes read | All Posts

Consumer spending grew 2.5% YoY during the 2024 holiday season according to Earnest credit card data. This marks an acceleration from 2023, which gre...

Dec 17, 2024 | 5 minutes read | All Posts

Holiday spending was flat for earners making between $40k-$150k so far in 2024 (see chart notes for details). The lowest and highest earners, below $...

alejandra

Dec 9, 2024 | 5 minutes read | All Posts

Access chart in Dash....

alejandra

Dec 3, 2024 | 5 minutes read | All Posts

TikTok Shop is taking share of holiday sales from the brands where its users are most likely to shop according to Earnest credit card data. The platf...

Nov 25, 2024 | 5 minutes read | All Posts

Holiday consumer spending is down 1.4% this season compared to 2023 according to Earnest credit card data. Spending from Nov 1-13 shows that holiday ...

Nov 18, 2024 | 5 minutes read | All Posts

According to Earnest’s holiday consumer spending data, Chinese ecommerce brands have so far outperformed other retailers this holiday season. TikTo...

Nov 14, 2024 | 5 minutes read | All Posts

7 Brew Coffee share of wallet grew as it outperformed incumbents, growing nearly 500% between February 2023 and 2024, according to Earnest credit car...

Nov 12, 2024 | 5 minutes read | All Posts

In the eyewear market, Luxottica is losing share to Warby Parker and other small brands according to Earnest credit card data. EssilorLuxottica (“L...

alejandra

Nov 5, 2024 | 5 minutes read | All Posts

Access chart in Dash....